Flexible office space in an iconic location
Location
Edinburgh is Scotland’s capital city with a resident population of 500,000 and is one of the strongest commercial centres in the UK, with a catchment of 1.5 million people.
The property is located at the northern end of Leith Walk, between its junctions with Stead’s Place and Jane Street. Leith Walk is the main thoroughfare connecting Leith to the city centre.
Leith has benefitted extensively from increased investment, with the development of new housing and the extension of the existing Edinburgh Tram line providing improved connectivity to the rest
of the city.
Leith Walk is a long, bustling promenade, bursting with character and connecting the city centre to the Shore. Lined with an eclectic mix of artisan traders, national high street brands, cosy cafés, art galleries, studios and
exciting restaurants reflecting tastes from around the world, ‘The Walk’ is one of Edinburgh’s great streets. From the St James Quarter at the top, to the foodie and drink haven of the Shore at the Foot, Leith Walk dissects one of the most densely populated and diverse neighbourhoods in Europe, resulting in a thriving and dynamic community surrounding the Red Sandstone.
Drum Property’s £50 million development of the 2.9-acre Stead’s Place site on Leith Walk entails a complete refurbishment of the historic Red Sandstone, offering a variety of flexible retail spaces on the ground
floor, with a level of contemporary office suites above. To the rear of this landmark building, Drum is creating a new residential development of over 140 new homes for local residents, that will open up a currently inhospitable site and connect Leith Walk to Pilrig Park. The Red Sandstone Building will be the gateway to this new community, continuing the rich tradition of diversity and independence which makes Leith Walk such an exciting destination in which to shop, eat, drink, live, work and visit.
Accommodation
The Red Sandstone office spaces are accessed from the dedicated and welcoming entrance hub at 132 Leith Walk and offer a variety of flexible suites for small businesses at first floor level.
The office space is ready for occupation NOW, comprising of 18 suites ranging from 325 sqft to 959 sqft. The offices benefit from full redecoration providing bright, welcoming and flexible accommodation offering the following specification:
• Newly decorated walls, flooring and ceilings in contemporary finishes
• Wall mounted perimeter sockets
• Inclusive hi-speed broadband/wifi
• Lift access
• Tea prep area in each office
• Centralised accessible WC facilities
• Secure entry and shared reception / meeting space
• Variety of flexible office sizes, terms and packages
From short term deals, to longer term leases, the team at the Red Sandstone can tailor packages to suit specific tenant requirements.
The ground floor of the Red Sandstone features a bustling retail parade, recently restored to complement the eclectic and diverse mix of retailers and frontages already found on Leith Walk, providing café, grocery, bar and restaurant amenities within immediate reach.
Terms
The packages available at the Red Sandstone have been designed with growing businesses in mind. Flexibility is key, with the office suites available on terms of 12 months upwards with rent inclusive
of service charge & insurance.